Banking Executive
Corrtech International Pvt LtdFixed
₹30,000 - ₹50,000
Earning Potential
₹50,000
Fixed
₹30,000 - ₹50,000
Earning Potential
₹50,000
Work from Office
Full Time
Min. 2 years
Basic EnglishJob highlights
22 applicants
Benefits include: PF, Laptop
Job Description
We are looking for a professional to manage Bank Guarantees and Non-Fund Based Banking activities, including coordination with banks, NBFCs, and financial institutions.
Key Responsibilities
- Handle end-to-end processing of Bank Guarantees including Performance, Advance Payment, Financial, Bid/Tender and Deferred Payment Guarantees.
- Review BG applications and draft wordings for commercial, legal, and operational risks.
- Coordinate BG issuance, amendments, extensions, cancellations, and closures.
- Monitor BG expiry dates, claim periods, and auto-extension/evergreen clauses.
- Calculate and verify BG commission, issuance fees, margin and other bank charges.
- Maintain monthly BG MIS/Excel tracker for active and closed guarantees.
- Follow up with banks for refund of commission/margin on closed Bank Guarantees.
- Maintain quarterly records of Fixed/Term Deposits and non-fund-based balances.
- Obtain and reconcile quarterly balance confirmations from banks, NBFCs and financial institutions.
- Prepare BG-related commission statements and supporting documents for audit.
- Ensure proper documentation and compliance with banking regulations and internal policies.
Candidate Profile
- Graduate/Postgraduate in Finance, Commerce, Banking or related field.
- Experience in Bank Guarantees, Treasury, Banking Operations or Non-Fund Based Facilities.
- Good knowledge of MS Excel and banking documentation.
- Strong coordination, follow-up and reconciliation skills.
- Experience in SAP and EPC/Infrastructure/Oil & Gas/Construction industry will be an advantage.
Job role
Job requirements
About company
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The candidate should have completed Post Graduate degree and people who have 2 to 31 years are eligible to apply for this job. You can apply for more jobs in Ahmedabad to get hired quickly.
The candidate should have Basic English skills and sound communication skills for this job.
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